Darius McDermott: Combatting the cash rush

Stockmarket volatility prompts client jitters

clock • 4 min read

Darius McDermott is keen to avert a client rush to cash. Here he outlines some alternatives for clients looking to keep their money safe...

I don't know about you, but it feels as if we're getting calls every other day from clients wanting to switch into cash since the stockmarket begun its latest extended tumble. The bigger the falls, the more calls we seem to receive. Of course, this only crystallises losses. But with little positive news on the horizon, the desire to 'keep money safe' is understandable. What's more, Brexit campaigning now looks set to further dampen the traditional ISA investing enthusiasm this March. Fortunately, there are some good alternatives that are outperforming the market in current conditio...

To continue reading this article...

Join Professional Adviser for free

  • Unlimited access to real-time news, industry insights and market intelligence
  • Stay ahead of the curve with spotlights on emerging trends and technologies
  • Receive breaking news stories straight to your inbox in the daily newsletters
  • Make smart business decisions with the latest developments in regulation, investing retirement and protection
  • Members-only access to the editor’s weekly Friday commentary
  • Be the first to hear about our events and awards programmes

Join

 

Already a Professional Adviser member?

Login

More on Investment

Partner Insight: Is FOMO overruling investment basics?

Partner Insight: Is FOMO overruling investment basics?

In 2020 we introduced our bubbles chart showing how concentrated investors were in a particular theme. Four years on we look at what, if anything, has changed, and what it means for investors going forward.

Orbis Investments
clock 09 December 2024 • 3 min read
Can Japan's small and mid-cap companies stage a comeback?

Can Japan's small and mid-cap companies stage a comeback?

Japan looks ripe for a change in market leadership

Darius McDermott
clock 06 December 2024 • 5 min read
Partner Insight: Is tech a double-edged sword for advisers?

Partner Insight: Is tech a double-edged sword for advisers?

Sponsored by Flagstone
clock 02 December 2024 • 1 min read